Global Outdoor Apparel Market Forecast 2023-2027: Key Regions and Countries

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Originally Published on Technavio | Outdoor Apparel Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, China, Germany, France, UK - Size and Forecast 2023-2027

The Outdoor Apparel Market is set to reach USD 23.54 billion by 2027, with a CAGR of 5.58% during 2022-2027. Key drivers include product innovation, outdoor sports popularity, and fitness awareness. Market growth is fueled by factors like increasing participation in outdoor activities and the rise of sustainable materials in clothing. Major players include Aigle International SA, ANTA Sports Products Ltd., and Arendicom GmbH. The market caters to diverse consumer preferences, emphasizing functionality and style, especially in the Asia Pacific region. Sustainability and ethical practices are becoming prominent trends, with brands incorporating eco-friendly materials. The future outlook is promising, with innovations in materials and a growing interest in outdoor experiences. Challenges include the impact of the growing geriatric population on market share. Key regions contributing to market growth are North America, Europe, APAC, South America, and the Middle East & Africa.

 

Key Points:

- Projected market value: USD 23.54 billion by 2027

- CAGR: 5.58% (2022-2027)

- Key drivers: Product innovation, outdoor sports popularity, fitness awareness

- Major players: Aigle International SA, ANTA Sports Products Ltd., Arendicom GmbH

- Market trends: Sustainability, ethical practices, and growing interest in outdoor experiences

- Challenges: Impact of the growing geriatric population on market share

- Key regions: North America, Europe, APAC, South America, Middle East & Africa.

 

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